MultiNational Underwriters Is Now HCC Medical Insurance Services
Published July 17th, 2009
HCC Medical Insurance Services, LLC is pleased to announce that effective July 1, 2009, MultiNational Underwriters, LLC (MNU) has adopted the HCC name to operate as HCC Medical Insurance Services (HCCMIS). HCCMIS underwrites on behalf of HCC Life Insurance Company and Lloyd’s Syndicate 4141.
Since its inception as MultiNational Underwriters in 1998, MNU has been a recognized leader in the field of international medical insurance. The Company’s principal focus has been to provide insurance products to individuals and groups living, working and traveling outside their home countries. In late 2007, MNU added a domestic short term medical plan to its portfolio. This has allowed the Company to also focus on the growing needs and opportunities for individual consumers in the US domestic insurance market.
In January, 2008, MNU was acquired by HCC Insurance Holdings, Inc. (NYSE: HCC), a leading international specialty insurance group with offices across the United States and in Bermuda, Spain, Ireland and the United Kingdom. HCC specializes in diversified financial products; group life, accident & health; general aviation; property; marine and energy; and other specialty insurance. HCC has assets of $8.6 billion, shareholders’ equity of $2.7 billion and is rated AA (Very Strong) by Standard & Poor’s and AA (Very Strong) by Fitch Ratings. In addition, HCC’s major domestic insurance companies are rated A+ (Superior) by A.M. Best Company.
The expertise and financial strength of its parent company render HCC Medical Insurance Services well equipped to continue growing its position in both the international and domestic marketplaces, and bringing unparalleled financial security to the Company’s portfolio and its clients. HCCMIS’s growth also depends on its dedicated employees, who provide customer service from its headquarters in Indianapolis, IN and its Latin American / Caribbean office in Miami, FL.
